S&P upgrades Hungary to ’BBB’; outlook ’stable’
Standard & Poor’s Global Ratings, one of the three big ratings agencies, has upgraded Hungary’s sovereign rating to "BBB", two notches over the investment grade threshold, with a "stable" outlook, news wire MTI reported. S&P raised its long- and short-term foreign and local currency sovereign credit ratings on Hungary to "BBB/A-2" from ’"BBB-/A-3". "The upgrade […]
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